The average small business loan amount last year was $633,000. However, this number stretches across all banks in the United States. Although this might hint at the maximum loan amount your small business can receive, it doesn’t indicate the average small business loan amount for different types of loans or from different types of lenders.
Masto’s letter said that 3 percent of loans to Subway franchisees fail, a higher-than-average default rate. She pointed to a recent New York Post report that found Subway may be forcing some of its.
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